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    For Sale - 18 Market Street, Smiths Falls, Ontario

    Est payment $2,156/mo
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    Views   2
    Time on Jump  48 day

    AI Summary *

    • Mixed-use building with 1 commercial unit and 4 residential apartments.
    • Fully rented with diverse tenant mix for stable cash flow.
    • Ground-floor commercial unit offers strong street presence and visibility.
    • All residential units have inclusive rents for easy management.
    • Central location near shops and amenities ensures long-term tenant demand.




    5 plex building for sale (not the business) 1-commercial unit and 4-apartment units. Excellent mixed-use (fully rented) investment opportunity in the heart of smiths falls. Welcome to a solid, income-generating mixed-use commercial building ideally located in the heart of smiths falls. This well-positioned property offers a diverse tenant mix with one commercial unit and four residential apartments, making it an excellent opportunity for investors seeking stable cash flow and future upside. The ground-floor commercial unit is approximately 1,000 sq. Ft. And is currently rented at $785/month, offering strong street presence and visibility. The residential component includes four units: a ground-floor bachelor apartment renting for $540/month, a one-bedroom unit on the second floor renting for $895/month, and two spacious two-bedroom units on the second floor, each renting for $895/month. All rents are currently inclusive, providing ease of management. However, the building is equipped with five separate hydro meters, allowing a future owner the opportunity to transition utilities to tenant responsibility for improved operating efficiency and increased net income. The property features a combination of gas forced-air heating and electric baseboard heating, offering flexibility and redundancy. With its central location close to shops, services, and amenities, this property is well-positioned for long-term tenant demand. Whether you're looking to expand your investment portfolio or secure a mixed-use asset in a growing community, this smiths falls property offers strong income, flexibility, and upside potential.
    Listing IDX13521820
    Address18 Market Street
    CitySmiths Falls, Ontario
    Price$449,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Gas Forced Air Open

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    Listing Agency:  CENTURY 21 SYNERGY REALTY INC

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    18 Market Street
    Smiths Falls , Ontario
    $449,000
    Get more info